PPF or Public Provident Fund is a very good product for the long-term fixed income part of your portfolio. It is government backed, and comes with a EEE taxation benefit which means the capital, interest and maturity are tax free. It is one of the most preferred fixed income investment options to save taxes under Section 80C but for the long maturity period of 15 years. We often hear concerns about the liquidity in PPF.
IRDAI brings life, health insurance down to the grassroots level
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